Mollys House Inc
- Assets
- $2.9m
- Revenue
- $789.0k
- Investments
- $0.0
- Employees
- 6
- Location
- Stuart, FL
- Founding
- 05/1994
- Data as of
- 12/2021
- EIN
- 65-0407242
Organization Overview
Mollys House Inc is located in Stuart, FL. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Mollys House Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mollys House Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mollys House Inc generated $789.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $504.8k during the year ending 12/2021. While expenses have increased by 3.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT PATIENTS RECEIVING MEDICAL TREATMENT BY PROVIDING TEMPORARY AFFORDABLE ACCOMMODATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOLLY'S HOUSE IS A CERTIFIED HOSPITALITY HOUSE THAT PROVIDES A PEACEFUL, CONVENIENT AND AFFORDABLE PLACE TO STAY DURING ANY MEDICAL CRISIS. FOR THOSE WHO CAN'T AFFORD HOTELS AND DO NOT WANT TO SLEEP IN THE HOSPITAL, MOLLY'S HOUSE GOES ABOVE AND BEYOND TO MEET GUESTS WHERE THEY ARE DURING THE HARDEST TIME IN THEIR LIFE. FOR JUST $40 PER NIGHT, PER ROOM, GUESTS CAN STAY IN ONE OF THE 14 BEDROOMS EACH WITH ITS OWN PRIVATE BATHROOM. SUBSIDIZED STAYS ARE AVAILABLE FOR THOSE WHO CANNOT AFFORD THE ROOM FEE. GUESTS TAKE COMFORT IN CONNECTING WITH OTHER FAMILIES, STAYING AT MOLLY'S HOUSE, WHO ARE GOING THROUGH A SIMILAR SITUATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Watts Executive Director | Officer | 40 | $110,498 |
Charles Cleaver Treasurer | OfficerTrustee | 2 | $0 |
Tammy Matthews Secretary | OfficerTrustee | 1 | $0 |
Elizabeth Herold President | OfficerTrustee | 3 | $0 |
Stephen Pinnacoli Vice President | OfficerTrustee | 1 | $0 |
James Desantis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $52,981 |
| Related organizations | $0 |
| Government grants | $148,591 |
| All other contributions, gifts, grants, and similar amounts not included above | $443,884 |
| Noncash contributions included in lines 1a–1f | $82,371 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $645,456 |
| Total Program Service Revenue | $98,924 |
| Investment income | $40,563 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $29,611 |
| Net Income from Fundraising Events | -$25,512 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $789,042 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,499 |
| Compensation of current officers, directors, key employees. | $52,487 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $136,473 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,073 |
| Payroll taxes | $19,531 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,897 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,300 |
| Fees for services: Other | $27,702 |
| Advertising and promotion | $4,933 |
| Office expenses | $25,057 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,389 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,531 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,490 |
| Insurance | $7,234 |
| All other expenses | $1,213 |
| Total functional expenses | $504,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $528,722 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $858,410 |
| Investments—publicly traded securities | $1,500,002 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,130 |
| Total assets | $2,893,264 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,746 |
| Total liabilities | $7,746 |
| Net assets without donor restrictions | $2,885,518 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,893,264 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Mollys House Inc has recieved totaling $42,538.
| Awarding Organization | Amount |
|---|---|
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $25,850 |
Community Foundation Martin St Lucie Inc Stuart, FL PURPOSE: OPERATING AND PROGRAM SUPPORT | $10,000 |
Gordana Uscumlic Foundation Stuart, FL PURPOSE: GENERAL SUPPORT | $5,000 |
The Bob Allen Family Foundation Inc Stuart, FL PURPOSE: SEE CONTINUATION SHEET | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $238 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jaeb Center For Health Research Inc Tampa, FL | $6,686,378 | $30,945,662 |
Sterling Co Gadsden, AL | $10,506,531 | $30,737,112 |
Operation Hope Inc Atlanta, GA | $42,513,861 | $45,427,739 |
Academy For Classical Education Inc Macon, GA | $50,470,204 | $22,703,116 |
Big Bend Hospice Inc Tallahassee, FL | $18,913,144 | $24,736,579 |
Second Wind Programs Inc Birmingham, AL | $5,585,002 | $12,560,505 |
New Mission Systems Inc Ft Myers, FL | $7,483,097 | $11,126,012 |
Deerwood Country Club Inc Jacksonville, FL | $10,155,508 | $6,981,612 |
Archbold Expeditions Inc Venus, FL | $92,397,695 | $5,182,964 |
Reach Up Inc Tampa, FL | $1,690,303 | $4,995,945 |
Reading Edge Academy Inc Debary, FL | $6,200,470 | $4,846,330 |
Deus Spes Mea Foundation Inc Miami, FL | $23,770,835 | $1,843,877 |